BITCOIN: WAVE (2) IN PROGESS

BITCOIN . Expecting wave (2) to end at $689 - $699 then the major drop for wave (3). I will provide targets for wave (3) once I see evidence that wave (2) has ended.

Trade active:
Bitcoin did reach the targeted range of $689 - $699 (Actual high is $704) and turned down immediately. Wave (2) appears complete. Next move is a breakdown below $609 then $540. I will post a new short term chart with updated Elliott labels. Be short with your SL at $704.